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Re: REDWEEKS NEW TIMESHARE EXHANGE PROGRAM (by R P.):

ken1193 wrote:
Just a few relevant observations of fact on this subject (followed by a bit of my own personal opinion):
1. Rentals directly by the resort (....ANY resort) are generally the highest rental prices to be found ANYWHERE. Personally, I can't imagine who would pay those figures. They ARE renting on behalf of some owner --- and then taking 25-30% from that rental figure as their commission. Maybe that's part of the inflated rental figure. Private rentals are virtually always less money (as they must be, really, to get rented at all).
2. To my knowledge, RedWeek has NEVER asserted that their "points" allocation figures are (or are intended to be) actually equivalent to "dollars". Many have made this assumption or reached this conclusion, but it is NOT (and it has never been) RedWeek's own representation.
3. Different owners have very different concepts and needs regarding rental figures. In any given year, someone might just not be using their unit THIS year (and, understandably, DON'T want to give it to RCI). Such folks might regard any rental amount which pays the maintenance fee for that year to be adequate, and anything more than that to be "gravy". Each and every private rental is individual and different.

I agree with Ken. Why is it assumed that Redweek points are based on ultra high resort rental rates that few, if any people, would pay with all the discount rental sites on the internet (expedia, travelocity, orbitz, hotline, travelzoo, hotels.com, hotwire, priceline, sidestep and many other less reknown sites)?

And, most owners who rent their timeshares on Redweek don't rent at the resort's rental rates. If they quoted those rates, a person could easily rent from the resort itself. That's why many people buy and rent timeshares from owners, myself included.

I would think the quoted high rental rates from resorts are there to entice people into BUYING timeshares. Anybody that would pay a resort's quoted rental rate is out in the ozone.

Has Redweek ever stated that their ponts system is based on resort rental rates? If so, I haven't seen it.

I think I know where this myth was started and by whom and it's someone who knows nothing about timeshares. This person paid 100K for one week of timeshare in Vegas (duh) and he has no business spouting assumptions concerning Redweek's exchange system, but some people take his word as gospel.